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Thursday, October 27, 2016

VAT and income tax will increase in Russia after 2018

After 2018 in Russia may increase income tax and VAT. At the same time officials are considering several options for raising taxes/

According to the newspaper Wall Street Journal, citing Russian officials, is seen as the introduction of a progressive tax, which implies an increase from 13% for the wealthy citizens of the Russian Federation and that the level of tax will remain the same, but will rise to 20%.

The sources specify that any changes in the tax system are likely to be delayed until after the presidential elections in 2018.

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